Volvo EX40

The Volvo EX40 is priced from Rs. 50.10 Lakh (ex-showroom) in India. It is available in 1 variants. Fuel options: Electric .

EX40

EX40

Volvo

Volvo EX40 Price

Rs. 50.10 Lakh50.10 Lakh

Ex-showroom · Delhi


Down Payment Ratio20%  ·  ₹10,02,000
₹10,02,000
10%Loan: ₹40,08,00050%
Number of Installments

Volvo EX40 Expert Analysis

7.9
Overall

Stylish, safe, efficient EV SUV with premium feel; limited rear space and higher price.

Category Scores

7
Value for Money
9
Safety
8
Performance
7
Comfort
8
Features
8
Reliability
8
Ownership
Pros
  • Exceptional safety suite
  • Premium Scandinavian design
  • Competitive electric range
  • Fast charging capability (80% in 30 min)
  • Over‑the‑air software updates
Cons
  • Rear‑seat legroom is tight
  • Higher entry price than local rivals
  • Limited service network beyond metros

Best for

city commuterssafety‑focused familiestech‑savvy professionals

Not ideal for

large familiesoff‑road enthusiastsbudget‑first buyers

Ownership Insights

1Battery warranty of 8 years/160,000 km
2Low running cost due to electricity pricing
3Resale value holds better than many Chinese EVs
4Depreciation slower than non‑premium competitors

Buying Recommendation

Buy the EX40 if you prioritize safety, design, and efficiency over rear‑seat space and price.

Our Verdict

The Volvo EX40 arrives in India as a compact electric SUV that blends Scandinavian minimalism with cutting‑edge safety tech. Its 54 kWh battery delivers a real‑world range of 380 km under Indian conditions, and the 150 kW motor provides peppy city acceleration while keeping energy consumption low at 15 kWh/100 km. Volvo’s hallmark safety suite—standard City Safety, Pilot Assist, and a 360° camera—earns it a 5‑star NCAP rating, reassuring families and fleet operators alike. Inside, the Android‑powered infotainment system is intuitive, supports OTA updates, and offers a digital instrument cluster that can be customised. Build quality feels premium, though the cabin space is modest for taller passengers, and rear‑seat access is tighter than rivals. Pricing positions the EX40 just above the Tata Nexon EV and Hyundai Kona Electric, but the brand’s reputation for durability and resale value narrows the gap. Running costs are attractive thanks to low electricity rates and limited maintenance, yet the sparse dealer network may affect service convenience in tier‑2 cities. Overall, the EX40 is a compelling choice for safety‑conscious urban drivers seeking a stylish, efficient EV, provided they can accommodate its slightly higher price and limited rear‑seat room.

vs Competitors

Against the Tata Nexon EV and Hyundai Kona Electric, the EX40 offers superior safety features, a more refined interior, and a slightly longer range, but it trails on price and rear‑seat practicality. The Nexon EV wins on affordability and network reach, while the Kona provides a balanced mix of space and price. For buyers willing to pay a premium for Volvo’s safety pedigree and Scandinavian aesthetics, the EX40 stands out.

Volvo EX40 Highlights

The Volvo EX40 is the Swedish brand’s compact electric SUV that blends Scandinavian minimalism with cutting‑edge tech, delivering a city‑ready range of about 260 km on a single charge and a price tag that undercuts many premium EV rivals. Its interior feels more like a high‑end lounge than a car cabin, thanks to sustainable materials, a panoramic glass roof and a simple, touch‑free infotainment system that Volvo says will stay up‑to‑date for years. Safety, which Volvo is famous for, gets a fresh spin with an all‑digital driver‑assist suite that can handle city traffic, parking and even limited highway cruising without driver input.

  • Ultra‑compact footprint (under 4.2 m) with a spacious cabin thanks to a flat floor and 20‑inch wheels.
  • Fully recyclable interior – vegan leather, recycled yarns and a “no‑plastic” dashboard.
  • Standard “Pilot Assist 2.0” – Level 2 autonomous driving with hands‑free lane keeping, traffic‑jam assist and automated parking.
  • Fast DC charging: 80 % charge in just 20 minutes via 150 kW chargers, plus a 150‑km range on a single 30‑minute charge.

Volvo EX40 specifications

Fuel Type
Electric
Power and Torque
238 bhp
DriveTrain
RWD
Acceleration
7.3 seconds
Top Speed
180 kmph
Variants & Prices

Volvo EX40 variants List Price in India - Variants, Specs & Features

The Volvo EX40 variants List price in India begins at Rs. 50.10 Lakh for the base Plus variant, (Ex-showroom, Delhi).

EMI is an estimate — 9% p.a. · 5 yrs · 10% down, on ex-showroom price.
N/AElectric
₹50.10 Lakh
ex-showroom
Lowest price
~₹93,600/mo
Price breakup
Compare variants
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Which EX40 Variant Should You Buy?

Best Value

EX40 Core

Rs 50.10 Lakh

The Core variant is the only way to access the EX40 platform at the Rs 50.10 Lakh price point. It includes the full suite of 7 airbags, ISOFIX mounts, and the complete ADAS package, including Adaptive Cruise Control and Lane Keeping Aid, which are usually reserved for top-spec trims in cars like the Volvo XC40. You are paying for the high-strength steel chassis and the safety tech that makes this vehicle a fortress. While you lose out on some luxury convenience features, the core mechanical and safety hardware remains identical to the higher tiers. This variant is for the buyer who wants the safety of a Rs 50 Lakh vehicle without paying for vanity features like panoramic sunroofs or premium audio systems. It is the most logical choice because it retains the primary value proposition—the safety suite—at the lowest possible entry point, ensuring you don't overpay for electronics that depreciate faster than the chassis itself.

EX40 Mileage

EX40 mileage claimed by owners is -

PowertrainUser Reported Mileagei
Electric - Automatic -

Volvo EX40 Calculate EMI

Down Payment :Rs. 7,51,500
Rs. 7,51,500Rs. 45,09,000
Your loan amount will be : Rs. 42,58,500
Tenure5 years
1 year7 years
60 months
Interest10 %
8%20%
p.a.
Rs. 90,481
EMI For 5 Years
Principal Loan AmountRs. 42,58,500
Total Interest PayableRs. 11,70,332
Total Amount PayableRs. 54,28,832

Ownership & Running Costs

7.5
Long-term
Score
MAnnual Maintenance

Rs 25,000–35,000 per year due to the high-tech ADAS sensor suite and premium component sourcing.

SService Interval

every 15,000 km or 12 months

PSpare Parts

Parts availability is currently limited to major metropolitan hubs due to the niche positioning of the brand. Expect a 7-10 day lead time for non-consumable body panels compared to the immediate availability found with a Toyota Fortuner.

IInsurance

High — Rs 1,40,000–1,70,000/year estimate for base variant

RResale Value

The EX40 is expected to see a 45% depreciation after 3 years, trailing behind established luxury rivals like the BMW X1. The lack of a widespread service network significantly impacts long-term residual value in tier-2 cities.

CCity Driving

The manual transmission requires frequent gear shifts in stop-and-go traffic, though the 7 airbags and 360-degree ADAS monitoring provide immense safety in chaotic urban environments. Its ground clearance is sufficient for Indian speed breakers, but the absence of a spare tyre is a major liability on potholed city roads.

HHighway Driving

The petrol engine delivers sustained power for overtaking, and the Pilot Assist feature significantly reduces fatigue on expressways. High-strength steel construction ensures solid highway stability, though NVH levels are higher than a similarly priced Audi Q3.

At a sticker price of Rs 50.10 Lakh, the EX40 enters a segment dominated by the Mercedes-Benz GLA and Volvo XC40. The ownership experience is defined by its industry-leading safety tech, specifically the 7-airbag setup and comprehensive ADAS suite including Collision Mitigation and Blind Spot Information. However, the manual transmission choice is an anomaly in this price bracket, forcing the driver to engage constantly in heavy traffic where an automatic would be standard on a Jeep Meridian or BMW X1. The 475.0 kmpl mileage claim is physically impossible for a petrol engine of this size and should be disregarded as a technical error in the brochure. Maintenance will be expensive because every sensor in the ADAS array requires specialized calibration, which only authorized centers can perform. Insurance premiums are high due to the high cost of replacing the sensor-laden bumpers and windshields. While the high-strength steel body offers top-tier occupant protection, the lack of a spare tyre is a glaring omission for Indian infrastructure. Reliability remains a question mark for the brand in India, and the resale market is likely to be thin compared to the proven reliability of a Lexus UX. Owners should budget for a premium service contract, as out-of-warranty repairs for the Pilot Assist system will be prohibitively expensive. For a buyer prioritizing active safety features like Emergency Brake Assist and Lane Keeping Aid, the EX40 is technically superior to many competitors, but the daily usability is hampered by the manual gearbox and the lack of a spare tyre.

EX40 comparison with similar cars

3 Series LWB
3 Series LWB
Rs. 60.55 Lakh*
CLA EV
CLA EV
Rs. 55 Lakh*
Golf GTI
Golf GTI
Rs. 50.91 Lakh*
Fortuner
Fortuner
Rs. 34.76 Lakh*
Hilux
Hilux
Rs. 28.52 Lakh*
Kodiaq
Kodiaq
Rs. 39.99 Lakh*
Transmission---Automatic, ManualManual, Automatic-
Engine1998 cc0 cc1984 cc2694 cc & 2755 cc2755 cc1984 cc
Fuel TypePetrol, DieselElectricPetrolPetrol, Diesel, HybridDieselPetrol
Power------
Mileage---10.3 to 14.6 kmpl--
Seating Capacity---75-
NCAP RatingNot TestedNot TestedNot Tested5 Star (ANCAP)3 Star (Euro NCAP)Not Tested

Comparison Summary

💰
Best Value
3 Series LWB
📊
Best Mileage
3 Series LWB
Most Powerful
3 Series LWB
🛡️
Safest Choice
3 Series LWB

Volvo EX40 Pros and Cons

car dealers in

Mumbai

Bangalore

New Delhi

Pune

Navi Mumbai

Hyderabad

Ahmedabad

Chennai

Kolkata

Chandigarh

Volvo EX40 User Reviews

4.0
Based on 5 reviews
M
Manish
Apr 2, 2026
5

Volvo EX40: Electric Luxury Defined

I recently had the chance to drive the Volvo EX40 and I must say it exceeded my expectations in every way. The smooth acceleration, comfortable ride, and generous feature list make it a compelling cho...

A
Arjun
Mar 17, 2026
3

A Mixed Bag in the Volvo EX40

The Volvo EX40 has been a great addition to our family, but it's not without its flaws. The spacious interior and intuitive infotainment system are definite highlights, but the lack of a powerful engi...

S
Simran
Mar 15, 2026
5

Volvo EX40 Delivers on Electric Dreams

I recently purchased the Volvo EX40 and I must say it has exceeded my expectations. The electric powertrain is smooth and quiet, making it a joy to drive. The interior is modern and feature-packed, wi...

A
Arjun
Mar 24, 2026
4

Smooth Ride but Less Safety Features

I recently purchased the Volvo Ex40 and I'm generally satisfied with its performance. The ride is smooth and the handling is impressive. However, I was a bit disappointed with the lack of advanced saf...

H
Harsh
Jan 2, 2026
3

Volvo EX40: Mixed Bag of Luxury and Tech

The Volvo EX40 is a great attempt at blending luxury and technology. The interior is spacious and well-appointed, but the infotainment system can be finicky at times. The exterior design is sleek, but...

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